(IN BRIEF) The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s renewable energy projects in Spain, which will include wind and solar photovoltaic plants with a total capacity of 1.1 GW. The loan, signed in … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged EIB, Josu Jon Imaz, partnership, renewable energy projects, Repsol, Ricardo Mourinho Félix, Spain, sustainability
(IN BRIEF) Eni, a global energy company, announces the successful acquisition of Chevron interests in the Indonesian Blocks Ganal PSC, Rapak PSC, and Makassar Straits PSC, located in the Kutei Basin, offshore East Kalimantan. Eni already held a 20% interest … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged acquisition, Chevron, East Kalimantan, energy transition, Eni, Ganal PSC, Gandang gas project, Gendalo, IDD, Indonesia, Indonesia Deepwater Development, Indonesian Blocks, Jangkrik FPU, Kutei Basin, Makassar Straits PSC, Neptune Energy, Rapak PSC
(IN BRIEF) Lausitz Energie Kraftwerke AG (LEAG), the largest private energy company in eastern Germany, has submitted a permit application for the construction of an innovative Power-to-X plant in Jänschwalde, Lusatia. The plant will store and re-electrify excess renewable energy … Read the full press release
(IN BRIEF) Skanska has secured a contract with Lehigh University to redevelop the Clayton University Center on its campus in Pennsylvania, USA, at a cost of USD 70 million (SEK 730 million). The renovation project involves upgrading various utilities, installing … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Clayton University Center, Lehigh University, partnership, Skanska
(IN BRIEF) Roche and Alnylam have entered into a partnership to jointly develop and commercialize zilebesiran, an investigational RNAi therapeutic for the treatment of hypertension. Hypertension affects a significant number of adults worldwide and is a major risk factor for … Read the full press release
Posted in Business, Healthcare, Industrial, Management, News, Pharma & Biotech, Science, Switzerland
Tagged Alnylam, Hypertension Treatment, partnership, RNAi Therapy, Roche, Teresa Graham, Yvonne Greenstreet MBChB, zilebesiran
(IN BRIEF) Schneider Electric has announced the opening of applications for the second installment of the Schneider Electric Sustainability Impact Awards. Launched in 2022, these awards recognize the contributions of Schneider’s partner ecosystem in promoting sustainability and digital transformation in … Read the full press release
(IN BRIEF) Ørsted, a leading renewable energy company, has signed an agreement to sell its remaining 25% minority interest in the London Array Offshore Wind Farm in the UK to funds managed by Schroders Greencoat, a specialist asset manager in … Read the full press release
(IN BRIEF) Terna, an Italian company specializing in electricity transmission, is investing more than €19 million in a project to create a new underground cable and overhead power lines in the province of Frosinone. The project, authorized by the Italian … Read the full press release
(IN BRIEF) Lightsource bp has released its 2022 Sustainability Report, detailing the company’s sustainability strategy, progress, and achievements. The report highlights the development of 3GW of solar projects, efforts to achieve biodiversity net gain, updated greenhouse gas emission inventories, and … Read the full press release
(IN BRIEF) Amey Consulting, a prominent UK engineering consultancy, has launched the “ReStart” program to support qualified STEM professionals in re-entering the workforce. The 12-week paid placement opportunity is designed for individuals seeking to restart their careers or transition their … Read the full press release
Posted in Business, Construction, Education, Industrial, Infrastructure & Utilities, Management, News, United Kingdom
Tagged 'ReStart' Program, Amey, Laura Simarro, STEM Professionals, workforce
(IN BRIEF) Vodafone Group Plc has appointed Luka Mucic as the Chief Financial Officer and an Executive Director of Vodafone, effective from 1 September 2023. Luka Mucic’s appointment comes at a crucial time as Vodafone undergoes a transformation, and he … Read the full press release
Posted in Business, Industrial, Management, News, Telecom, United Kingdom
Tagged appointment, Executive Director, Jean-François van Boxmeer, leadership, Luka Mucic, Margherita Della Valle, vodafone
(IN BRIEF) BASF’s high-performance thermoplastic, Ultrason® P 3010, is being used by milkrite | InterPuls, a leading dairy equipment company, to manufacture durable milk meter sensors. These sensors are used for reliable and accurate milk quality control in the milking … Read the full press release
(IN BRIEF) T-Systems has partnered with IQM Quantum Computers to offer its enterprise customers cloud access to IQM’s quantum systems. This expansion to a “multicloud” quantum landscape allows T-Systems customers to develop and train on IQM’s quantum infrastructure, potentially solving … Read the full press release
(IN BRIEF) BAE Systems’ Combat Mission Systems (CMS) business released its 2022 Economic Impact Report, revealing a $1.9 billion contribution to the U.S. economy through its ground vehicle and weapon systems network. The company’s 12 sites and partnerships with over … Read the full press release
Posted in Business, Defence, Economy, Financial, Industrial, Management, News, United Kingdom
Tagged Andy Corea, BAE Systems, Ground Vehicle, U.S. Economy, Weapon Systems
(IN BRIEF) The European Investment Bank (EIB) and Cellnex have signed a €315 million finance contract to support the development of mobile telecoms infrastructure for 5G rollout in Spain, Portugal, France, Italy, and Poland. The loan will unlock a total … Read the full press release
(IN BRIEF) BASF Personal Care has released the first progress report for its Responsibly Active sustainability program, focusing on its bioactives portfolio for personal care applications. The program includes commitments and action plans to protect natural resources, empower people along … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, France, Industrial, Management, News
Tagged BASF, bioactives, Lucilene Veira Nunes, personal care, sustainability
(IN BRIEF) Aviva has successfully obtained a £120 million full scheme buy-in for the NTL 1999 Pension Scheme. This agreement allows Aviva to assume the defined benefit liabilities of approximately 650 members, mitigating the investment and longevity risks associated with … Read the full press release
(IN BRIEF) Versalis, Eni’s chemical company, has released its 2022 Sustainability Report, highlighting its efforts to contribute to sustainable and circular models in alignment with Eni’s strategy. The report outlines Versalis’ targets for achieving carbon neutrality by 2050 and emphasizes … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Industrial, Italy, Management, News
Tagged 2022 Sustainability Report, Adriano Alfani, carbon neutrality, decarbonisation, eni.com, Versalis
(IN BRIEF) The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) have signed a €175 million loan agreement to improve access to finance for small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria. The loan aims to support companies … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Assen Vassilev, Bulgaria, Bulgarian Development Bank, digitalization, economy, European Investment Bank, financing, Iliya Karanikolov, INNOVATION, Lilyana Pavlova, Marjut Falkstedt, Milena Stoycheva, Paolo Gentiloni, partnership, SME, sustainability
(IN BRIEF) In 2022, the European Investment Bank (EIB) focused on promoting equitable growth and convergence of living standards by providing €28.4 billion in new financing for projects in EU cohesion regions. Poland was the largest beneficiary, receiving €24.8 billion, … Read the full press release
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